Congress enacted the ____ to provide consumers who purchase a home with greater and more timely information on the nature and costs of the settlement process.

Question

Quizplus · Accepted Answer

The Real Estate Settlement Procedures Act (RESPA) was enacted by Congress to provide consumers with more information on the settlement process for home purchases, including information on the nature and costs of the process. The other options (CPSC, OSHA, FCCPA) are not relevant to the settlement process for home purchases.

Congress Enacted the ____ to Provide Consumers Who Purchase a Home